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Analysts Conflicted on These Technology Names: Zoom Video Communications (ZM), Wix (WIX) and Bullish (BLSH)

Tipranks - Wed Jun 24, 7:16AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Zoom Video Communications (ZM), Wix (WIX) and Bullish (BLSH).

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Zoom Video Communications (ZM)

In a report released yesterday, Catharine Trebnick from Rosenblatt Securities maintained a Buy rating on Zoom Video Communications. The company’s shares closed last Monday at $84.34.

According to TipRanks.com, Trebnick has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -3.3% and a 43.3% success rate. Trebnick covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Varonis Systems. ;'>

Zoom Video Communications has an analyst consensus of Moderate Buy, with a price target consensus of $115.87, representing a 35.9% upside. In a report issued on June 12, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $111.00 price target.

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Wix (WIX)

In a report released yesterday, Alexei Gogolev from J.P. Morgan maintained a Sell rating on Wix, with a price target of $62.00. The company’s shares closed last Monday at $41.86.

According to TipRanks.com, Gogolev is a 4-star analyst with an average return of 4.1% and a 47.3% success rate. Gogolev covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, SS&C Technologies Holdings, and Waystar Holding Corp. ;'>

Wix has an analyst consensus of Moderate Buy, with a price target consensus of $83.44.

Bullish (BLSH)

In a report released yesterday, Ken Worthington from J.P. Morgan maintained a Hold rating on Bullish, with a price target of $26.00. The company’s shares closed last Monday at $25.09, close to its 52-week low of $23.50.

According to TipRanks.com, Worthington is a 3-star analyst with an average return of 1.7% and a 48.4% success rate. Worthington covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., Intercontinental Exchange, and Apollo Global Management. ;'>

Currently, the analyst consensus on Bullish is a Moderate Buy with an average price target of $48.19, implying a 101.0% upside from current levels. In a report released yesterday, Bernstein also maintained a Hold rating on the stock with a $50.00 price target.

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